Under $500K Investment Properties for Sale in New Castle, IN

Property at 2828 S 14th St, New Castle, IN
Listed for sale 1 day ago
$ 185,900
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign301
  • 2 Bed
  • 2 Bath
  • 1660 sft
2828 S 14th St, New Castle, IN, 47362
Property at 2603 Brentwood Rd, New Castle, IN
Listed for sale 2 days ago
$ 214,900
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign426
  • 4 Bed
  • 2 Bath
  • 1472 sft
2603 Brentwood Rd, New Castle, IN, 47362
Property at 1130 S 19th St, New Castle, IN
Listed for sale 2 days ago
$ 149,900
ROI
27.2ROI percentage
Cash Flow/m
Dollar sign310
  • 2 Bed
  • 1 Bath
  • 890 sft
1130 S 19th St, New Castle, IN, 47362
Property at 2410 State St, New Castle, IN
Listed for sale 3 days ago
$ 135,000
ROI
27.7ROI percentage
Cash Flow/m
Dollar sign300
  • 2 Bed
  • 1 Bath
  • 1010 sft
2410 State St, New Castle, IN, 47362

Why Invest in New Castle, Indiana?

Investing in Indiana, particularly in areas with homes under $500k, provides an attractive opportunity for real estate investors. With a growing population and stable job market, the state boasts a reliable rental market that can yield strong cash flows. Understanding the local economy and housing trends can help investors make informed decisions.

8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Indiana is around 7%, making it an attractive option for real estate investors looking for profitable rental properties.

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